Biggest Rate Hike In Decades, How Will Real Estate Respond?

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Youtube:

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Schedule:

The Fed delivers biggest interest rate hike in decades to combat surging inflation

https://www.npr.org/.../federal-reserve-interest-rates...

Redfin reporting 20% of all new homes were bought by investors

https://investors.redfin.com/.../investors-bought-a...

30 Yr mortgage crossed 6.13%

6.18% now Big move in MBS market today, $585k has the same payment at 6.13% as $800k at 3%

Redfin is laying off 8% of staff

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